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Diatreme Resources Limited (ASX:DRX)

ALERT: Price-sensitive ASX Announcement for DRX
Current share price for DRX : $0.013 0.001 (8.33%)+
Announcement
Release
17 Jul 2026 8:44AM
Price at Release
$0.012
Full Release
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Summary
Diatreme Resources Limited's Appendix 5B Cash Flow Report for the quarter ending 30 June 2026 highlights a net cash outflow of A$762,000 from operating activities. The report details a significant A$2,109,000 inflow from a reimbursement linked to the Cape Flattery Silica transaction, resulting in a net cash inflow of A$2,003,000 from investing activities. However, financing activities resulted in a A$21,000 cash outflow. The company ended the quarter with A$2,733,000 in cash and anticipates approximately 3.1 quarters of funding available. Additionally, the Cape Silica Joint Venture with Sibelco held A$4.5 million in cash.
Key Points
  • Diatreme Resources Limited reported a net cash outflow from operating activities of A$762,000 for the quarter ended 30 June 2026.
  • The company received A$2,109,000 as a reimbursement from the completion of the Cape Flattery Silica transaction.
  • Net cash inflow from investing activities was A$2,003,000, mainly attributed to the reimbursement from the Cape Flattery Silica transaction.
  • Net cash outflow from financing activities was A$21,000.
  • The cash and cash equivalents at the end of the quarter were A$2,733,000.
  • The company anticipates having approximately 3.1 quarters of funding available based on current cash burn rates.
  • Diatreme Resources Limited held an additional A$4.5 million in cash through its Cape Silica Joint Venture with Sibelco as of 30 June 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.